Wall Street’s main clearinghouse is expanding its multi-chain strategy for digital assets.
The Depository Trust & Clearing Corporation (DTCC), which oversees $114 trillion in assets, said it plans to connect its tokenized securities platform to the Stellar blockchain network. The move will enable issuance, settlement, and lifecycle management of tokenized stocks, ETFs, and U.S. Treasuries on the Stellar (XLM) network.
Frank La Salla, President and Chief Executive Officer of DTCC, said in a statement: “This collaboration represents another step forward in DTCC’s efforts to build an open, interoperable digital infrastructure that bridges traditional and digital markets.”
The announcement reflects a broader Wall Street push to move traditional financial assets onto blockchain rails. Nasdaq is developing blockchain-based shares infrastructure in partnership with Payward, the parent company of crypto exchange Kraken. Intercontinental Exchange (ICE), which owns the New York Stock Exchange, is backing tokenized securities initiatives alongside crypto exchange OKX.
DTCC’s strategy centers on multi-chain interoperability. Rather than tying tokenized assets to a single blockchain platform, the clearinghouse is building infrastructure that allows digital securities to move across different networks. Nadine Chakar, DTCC’s global head of digital assets, noted the firm is engaging with “multiple layer-1 and layer-2 networks.”
The regulatory pathway for tokenization accelerated in December 2025 when the U.S. Securities and Exchange Commission granted DTCC a no-action letter. The letter permits DTCC to tokenize Russell 1000 stocks, ETFs, and U.S. Treasuries. Tokenization converts traditional assets into digital representations on blockchain, which proponents argue could reduce settlement delays, free up collateral, and enable markets to operate beyond standard trading hours.
DTCC announced in May 2026 that it plans to begin limited production trades of tokenized assets in July, ahead of a wider rollout in October. The Stellar integration is scheduled to arrive later. Tokenized assets custodied by DTCC’s Depository Trust Company could become available on Stellar in the first half of 2027.
Stellar’s native token XLM jumped 3% on the news. The token has gained 1.7% over the past 24 hours.
Why This Matters
DTCC sits at the center of U.S. market infrastructure. Its adoption of blockchain networks signals that Wall Street regulators and incumbents view tokenized securities as a structural upgrade, not a speculative experiment. A multi-chain approach prevents any single blockchain from becoming a chokepoint for post-trade settlement.
The phased rollout from July through October 2026, with Stellar integration following in early 2027, suggests DTCC is moving methodically. Limited production trades allow the clearinghouse to test operational and custody workflows before broader adoption.
For Stellar, the partnership anchors a major institutional use case. For Wall Street, it opens a pathway to 24/7 settlement and collateral efficiency that blockchain networks enable.
